WPC vs. REET
Compare and contrast key facts about W. P. Carey Inc. (WPC) and iShares Global REIT ETF (REET).
REET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Global REIT Index. It was launched on Jul 8, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPC or REET.
Key characteristics
| WPC | REET | |
|---|---|---|
| YTD Return | -12.70% | -6.46% |
| 1Y Return | -18.21% | -0.12% |
| 3Y Return (Ann) | -3.37% | -3.36% |
| 5Y Return (Ann) | -0.84% | 0.18% |
| Sharpe Ratio | -0.75 | 0.07 |
| Daily Std Dev | 23.34% | 17.02% |
| Max Drawdown | -52.45% | -44.59% |
| Current Drawdown | -29.12% | -21.71% |
Correlation
The correlation between WPC and REET is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WPC vs. REET - Performance Comparison
In the year-to-date period, WPC achieves a -12.70% return, which is significantly lower than REET's -6.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WPC vs. REET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for W. P. Carey Inc. (WPC) and iShares Global REIT ETF (REET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
WPC vs. REET - Dividend Comparison
WPC's dividend yield for the trailing twelve months is around 6.86%, more than REET's 3.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPC W. P. Carey Inc. | 6.86% | 6.17% | 5.43% | 5.12% | 5.91% | 5.17% | 6.26% | 5.82% | 6.65% | 6.48% | 5.26% | 5.70% |
REET iShares Global REIT ETF | 3.43% | 3.27% | 2.43% | 3.18% | 2.65% | 5.25% | 5.73% | 3.84% | 5.30% | 3.56% | 2.11% | 0.00% |
Drawdowns
WPC vs. REET - Drawdown Comparison
The maximum WPC drawdown since its inception was -52.45%, which is greater than REET's maximum drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for WPC and REET. For additional features, visit the drawdowns tool.
Volatility
WPC vs. REET - Volatility Comparison
W. P. Carey Inc. (WPC) has a higher volatility of 7.40% compared to iShares Global REIT ETF (REET) at 5.23%. This indicates that WPC's price experiences larger fluctuations and is considered to be riskier than REET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.